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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
May 9, 2000
CNB FINANCIAL CORPORATION
(Exact name of Registrant as specified in its Charter)
Pennsylvania 2-88511 23-2908963
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(State or other jurisdiction (SEC File No.) (IRS Employer
of incorporation) Identification Number)
County National Bank
1 South Second Street
PO Box 42
Clearfield, Pennsylvania 16830
(Address of principal executive offices)
Registrant's telephone number, including area code: (814) 765-9621
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Item 4. Changes in Registrant's Certifying Accountant
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On May 9, 2000, the board of directors of the registrant determined to
engage Crowe Chizek as its independent auditors for the fiscal year ended
December 31, 2000. On May 9, 2000, the registrant orally notified Ernst & Young,
LLP (E&Y), its current independent auditors, of this determination and that E&Y
would not be engaged for the fiscal year ending December 31, 2000. The
determination to replace E&Y was recommended by the audit committee and approved
by the full board of directors of the registrant.
The report of E&Y for the years ended December 31, 1999 and 1998 contained
no adverse opinion or disclaimer of opinion and was not qualified or modified as
to uncertainty, audit scope or accounting principles. During the years ended
December 31, 1999 and 1998 and during the period from December 31, 1999 to May
9, 2000, there were no disagreements between the registrant and E&Y concerning
accounting principles or practices, financial statement disclosure, or auditing
scope or procedure.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
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(c) Exhibits:
Exhibit No. 16 - Letter regarding change in certifying accountant.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Report to be signed on its behalf by the
undersigned, thereunto duly authorized.
CNB Financial Corporation
Date: May 9, 2000 By: /s/ Joseph B. Bower, Jr.
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Joseph B. Bower, Jr.
Treasurer
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EXHIBIT 16
LETTER REGARDING CHANGE IN CERTIFYING ACCOUNTANT
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[Ernst & Young, LLP Letterhead]
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
We have read Item 4 of Form 8-K dated May 9, 2000, of CNB Financial
Corporation and are in agreement with the statements contained in the paragraphs
on page 2 therein. We have no basis to agree or disagree with other statements
of the registrant contained therein.
/s/Ernst & Young, LLP
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May 16, 2000
Pittsburgh, Pennsylvania
